Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
August jobs report shows U.S. added 162,000 jobs, more than double economists’ forecasts
Hiring in August was more than double economists' forecast of 65,000 payroll gains.
Trump mounts new effort to oust Lisa Cook from Fed board after Supreme Court ruling
The White House has informed Lisa Cook, a member of the Federal Reserve Board of Governors, that President Trump is considering firing her.
Supreme Court rejects Trump’s attempt to fire Fed’s Lisa Cook as legal battle continues
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire…
Alan Greenspan, chair of Federal Reserve under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Kevin Warsh is now leading the Fed. His main challenge is a doozy.
Warsh is taking over as Fed chair as the U.S. faces the hottest inflation in years, impeding the interest rate cuts that President Trump has demanded.